2 Cross, 24 Main, 109/113/123/389 Railroad Street, Brighton, VT 05846
Local realty services provided by:ERA Key Realty Services
2 Cross, 24 Main, 109/113/123/389 Railroad Street,Brighton, VT 05846
$1,850,000
- - Beds
- - Baths
- 35,784 sq. ft.
- Multi-family
- Active
Listed by:luke sykes
Office:jim campbell real estate
MLS#:5034779
Source:PrimeMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$38.33
About this home
Income producing properties consisting of 33 total units (29 residential & 4 commercial) in 6 separate buildings. Total current rental income = $296,525, potential rent = $394,325 (additional 2 vacant residential units being renovated at the moment and 4 owner-occupied commercial units/businesses). Total annual operating expenses = $117,497. Commercial units consist of two, retail storefronts and an arcade/ laundromat with 10 owned coin-op washers & 10 dryers. Owner will consider negotiating a sale to include any/all of the businesses, equipment, and inventory. All properties are in decent condition, have very low vacancy rates and many have long-standing tenants/leases. This would make a manageable investment as all properties are within close proximity/walking distance to all town amenities, with current rental manager willing to offer services to new owner. All buildings are serviced by public/water sewer and a combination of oil-boilers/propane wall units. Full financials, leases, property details, etc. available.
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Home facts
- Year built:1850
- Listing ID #:5034779
- Added:178 day(s) ago
- Updated:September 29, 2025 at 10:26 AM
Rooms and interior
- Living area:35,784 sq. ft.
Heating and cooling
- Cooling:Wall AC
- Heating:Baseboard, Hot Water, Oil, Radiator, Wall Units
Structure and exterior
- Roof:Asphalt Shingle, Corrugated, Membrane, Metal
- Year built:1850
- Building area:35,784 sq. ft.
- Lot area:1.51 Acres
Schools
- High school:North Country Union High Sch
- Middle school:Brighton Elementary School
- Elementary school:Brighton Elementary
Utilities
- Sewer:Public Available
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$38.33
- Tax amount:$17,954 (2024)
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